New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-03-16
MISCELLANEOUS RAILWAY INTELLIGENCE.


The Reading Railroad Reorganization Trustees will ex-
tend the time deposit OF securities under the plan OF
reorganization at penalty OF per cent; the time for
deposit under penalty Of cent expired to-day IL
is stated at the house OF Drexe CO.. ha ohy 9aooOoo
OF the general mortgage bonds remain undeposed under
the plan
The directors Of the New-York Central Railroad met
Yesterday and declared dividend OF per cent tor the
quarter 10 end on March 81. The usual declaration OF
dividend made until the end OF the quarter but the
change made TO conform more to general railroad
customs
Alta meeting OF the directors OF the St Panl Mnneapo
Lis and Manitoba Railway Company yesterday It was
resolved make issue OF 100000 fifty years per
cent void bonds secured by rirst mortgage
company subscribe for the same pro rata TO provide
funds toward the completion and equipment OF the extern
sion from Dakota TO Great Falls, Montana
CHICAGO, March 15.-it was reported to-day that the
West Division Railway Company has purchased
trolling interest in the Chicago Passenger Railway
pany The terms are not known. The West Division
COMPANY for many years had monopoly Of the
car passenger traffic in the west division of the city.
PETERSBURG, Va. March IS (Specab.-The taxpayers
of reenye County have brought suit to prevent the
county paying the subscription TO the Atlantic and
Danville Railroad Company voted at election in No
yenber 1892 The subscription WAS $4,000 mile Tor
every mile Of road built in the county.
ST. LOUIS March 15-It is semi-olcially stated that
the original Western objective point OF the St. Louis
Kansas City and Colorado Railroad. which Kansas
CITY, will be abandoned and the line turned into south
western direction from Versailles Morgan County Mo-
orado and Santa Fe road, nj OF south OF Kansas CITY,
COLUMBUS, Ohio. March 15.-The annual meeting Of
the Pttsburg, Cincinnati and St. Louis Railway Com
pany held in this city to-day The report for 1856
was presented and read. showing gross earnings
752 526 80; expenses, 49, 139690 81 net earnings
81 62l 90O o. add amount received from hire Of equip
ment and interest Investments, $497.420. Total
ST. 626 $50 % out OF which there paid during the
year. SS47, 544 SO leaving profit OH main line Of
SITS, 1875 95, increase. compared with 1885. OF
u profit all lines for 1885 OF $333,9D2 80. against
deficiency 1885 OF $40 So So The directors elected
were: &. Il. Roberts, Henry H. Houston. Wisar Norris
]. n. Dubarry. W. IL. Barnes. John Price Wctheri OF
d. Messler, OF Pittsburg; Davis g. Gray. u Columbus
and Robert shcirard. .r, and George W. MoCook OF
stpubenville
SPRINGFIELD. Mass. March Is. DR. Benjamin Fag
nau Of this city, has brought suit Boston against the
Boston and Albany Railroad, $4,000 damages for In
nres 10 his on May 20, 1885, by the falling OF
q pole at a crossing In this city.
PHILADELPHIA. March l5 peeiaD.-Counsel for the
schuylkill Navigation Company this afternoon read
petition to Judge Bntler, In the United States Circuit
Court setting forth that The receivers the
and Reading Railroad had net complied with the agree
ment to keep tho canal in proper repair Counsel for tho
Reading receivers said that the petition
would be filed sooL and Judge Bniler intmaied that
when this should be tho matter would be referred
TO Special Master Dallas to take testimony.
vicePrssident Thomson and General Freight Trarlc
Manager Wilson are In NewYork to-day and the general
impression hero Ia that they meeting with President
Carr and others the subject OF the deal
of their absence meeting Of Pennsylvania Bal-
and Ohio and Reading Railroad representatives 70